One of the biggest problems that has hurt the economy and the markets was the precipitous drop in consumer confidence which hit record lows during the “Great Recession.” ¬†While consumer confidence is a lagging indicator I feel that we are still fairly early into the economic recovery, and I believe numbers will improve as jobs get added and as housing stabilizes.

http://www.bloomberg.com/news/2012-03-27/u-s-consumer-confidence-in-march-holds-close-to-one-year-high.html

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